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99 �0� 86� <br /> PERIODIC PAYMENT RIDER <br /> (Fixed Rate) ACCOUNT ��: 5700191009 <br /> THIS PERIODIC PAYMENT RIDER is made this lst day of JULY , <br /> 1999 , and is incorporated into and amends,modifies and supplements the Mortgage,Deed <br /> of Trust or Security Deed together with any riders or modifications thereto (the "Security <br /> Instrument")of the same date given by the undersigned(the"Borrower")to secure Borrower's <br /> Note (the "Note") to <br /> Superior Bank FSB (the "Lender") <br /> of the same date and covering the property described in the Security Instrument and located <br /> at: <br /> 1319 WEST LOUISE STREET, GRAND ISLAND, NE 68801 <br /> [Property Address] <br /> ADDITIONAL COVENANTS. In addition to the covenants and agreements made <br /> in the Security Instrument, Borrower and Lender further covenant and agree as follows: <br /> A. PERIODIC PAYMENTS <br /> The Note provides for the Borrower's periodic loan payments as follows: <br /> 3. PAYMENTS <br /> (A) Time and Place of Payments <br /> I will pay principal and interest by making payments every 28 days (the "Periodic <br /> Payment(s)"), beginning on AUGUST 13, 1999 . I will make the Periodic <br /> Payments until I have paid all of the principal and interest and any other charges described <br /> below that I may owe under this Note. Each of my regular Periodic Payments will be applied <br /> first to amounts due for any escrows for taxes and insurance under the Security Instrument, <br /> then to accrued and unpaid interest as if the payment is made on its due date, regardless of <br /> when the payment is actually received and the remainder, if any, to the unpaid principal <br /> balance. Any late charges, collection costs and expenses, dishonored check charges, <br /> prepayment charges and payments made by the Note Holder to enforce this Note and/or to <br /> protect the Note Holder's interests under the Security Instrument will be assessed separately. <br /> This does not take into account any payments for optional mortgage products that are charged <br /> to my account. If, on JULY 06, 2007 , I still owe amounts under this Note, <br /> I will pay those amounts in full on that date, which is called the "maturity date." <br /> I will make my payments at 135 CHESTNUT RIDGE ROAD <br /> MONTVALE, NJ 07645 , or at a different place if required by the Note Holder. <br /> (B)Amount of My Periodic Payments <br /> Each of my Periodic Payments will be in the amount of U.S. $ 439.81. <br /> (C) Borrower's Option to Defer Payments of Principal <br /> At the time this loan is closed,the Note Holder will provide me with 26 vouchers <br /> which may not be reproduced and are not transferable or assignable by me. At any time <br /> during the term of this loan,for up to 26 payment periods which need not be consecutive, <br /> AKMI <br /> PERIODIC PAYMENT RIDER PAGE 1 OF 3 CD220XA.USX <br /> FIXED RATE DEFERRED PRINCIPAL OPTION <br /> W/VOUCHERS(04/14l98) <br />